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August 13, 2012 5:00 pm ET
Andrew D. Mason - Co-Founder, Chief Executive Officer and Director
Jason E. Child - Chief Financial Officer
Ralph Schackart - William Blair & Company L.L.C., Research Division
Mark S. Mahaney - Citigroup Inc, Research Division
Mark May - Barclays Capital, Research Division
Clayton F. Moran - The Benchmark Company, LLC, Research Division
Ross Sandler - Deutsche Bank AG
Jason Maynard - Wells Fargo Securities, LLC, Research Division
Spencer Wang - Crédit Suisse AG, Research Division
Shawn C. Milne - Janney Montgomery Scott LLC, Research Division
A. Justin Post - BofA Merrill Lynch, Research Division
Good day, everyone, and welcome to Groupon's Second Quarter 2012 Financial Results Conference Call. [Operator Instructions] Today's conference is being recorded. For opening remarks, I would like to turn the conference over to Vice President of Investor Relations and Corporate Finance, Kartik Ramachandran. Please go ahead, sir.
Hello, and welcome to our Second Quarter 2012 Financial Results Conference Call. Joining us today are Andrew Mason, our CEO; and Jason Child, our CFO.
The following discussion and responses to your questions reflect management's views as of today, August 13, 2012, only and will include forward-looking statements. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in today's press release and in our filings with the SEC including our Form 10-Q.
During this call, we will discuss certain non-GAAP financial measures. In our press release and our filings with the SEC, each of which is posted on our IR website, you'll find additional disclosures regarding these non-GAAP measures, including reconciliations of those measures with GAAP measures. Finally, unless otherwise stated, all comparisons in this call will be against our results for the comparable period of 2011.